McKesson and MED3OOO today announced they have signed a definitive agreement
under which McKesson will acquire MED3OOO, a national healthcare management
and technology services company that helps improve outcomes for providers,
health plans, employers, and the patients and employees they serve.

MED3OOO's products and services include physician group management, billing
and revenue cycle management (all specialties), hosted applications,
third-party administrator services, and a proprietary, cloud-based solution
that enables practices to rapidly adjust to the ever changing demands of
healthcare without concern for server expansions, software and system upgrades
or extended downtime due to hardware failure. Once complete, the acquisition
will complement the medical billing and practice management service offerings
of McKesson Revenue Management Solutions (RMS) and accelerate expansion into
growth markets, including the ability to provide new domain expertise,
services and technologies that help customers build and succeed within an
accountable care environment.